Logistics (MENA) 
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Adnoc makes final investment decision + awards USD 5.5 bn contract for Ruwais LNG project
The company plans to start exporting from the Ruwais site in 2028
UAE contech Tenderd closes USD 30 mn series A funding round
The round was led by AP Moller Holding and saw the participation of old and new investors
TODAY: Jumia expands warehousing in Morocco + UAE’s Tenderd closes series A funding round
What we’re tracking this morning regionally and around the world
Qatar Airways Cargo + MASkargo boost cargo partnership + DIC inks trade agreements with Morocco
Qatar Airways Cargo + MASkargo have expanded a standing codeshare partnership
Kuehne + Nagel breaks ground on Dubai South e-commerce hub
The project is slated to be fully operational by 2Q 2025
Arabian Automobiles Company breaks ground on new distribution center in Dubai
The facility will add to AAC’s existing central logistics center
DP World invests over USD 500 mn to expand operations in Latin America
DP World will launch its USD 400 mn Bicentennial Pier expansion project in Peru
UAE’s Magellan Capital snaps up majority stake in Danish Ship Finance
Magellan will own 90% of the Danish ship financing firm
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